We've covered all the basic aspects of buying and selling good quality penny stocks. The trading process is really very simple once you get
your feet wet. The more you do something, the easier it gets, and the
better you get at doing it.

Trying to decide when the best time is to buy or sell a penny stock, is probably
the most frustrating part of the investing process. I would suggest that you
always concentrate on protecting your investment capital. Companies all
need capital to operate, and you'll always need capital to invest.

I've always said that the most frustrating decision the average trader or
investor has to make is trying to decide when to get out of (sell) a stock.
There are no 100% accurate or safe ways to know a stock is at it's lowest
price or at it's highest price.

All the million-dollar software and all the smartest newsletter guru's on the
planet can't be sure of knowing the answer to those two questions. If you
choose your penny stocks carefully and stick to the guidelines we've discussed,
you'll be on pretty safe ground.

Don't ever fall in love with a stock to the point that you become blinded to
other penny stocks that might offer better opportunities. This is very easy to do. Many people will buy into and sell a stock over and over again. They follow it up
and down fanatically without following any other stock.

They become consumed with a false confidence that compels them to
believe that "their" penny stock will always be a winner. They fail to keep a close
watch on the fundamentals and current market conditions of the penny stock
they so dearly love. Things change. So do penny stocks.

Other people have a similar but more severe problem. They just fall in
love with their new stock and can't find the courage to sell it for any kind
of reason. They watch their penny stock go up and up, while they just sit there
like a deer in your headlights, waiting to get run-over.

Do you want to make a profit on your penny stocks once they've gone up?
If the answer is yes, then you have to do one thing ... You have to take it.